Programme Overview
Cyprus Residency
From €300,000 ($330K USD) — financed against your portfolio, not liquidated from it.
Or compare it against the other programmesCyprus at a glance
The Cyprus Permanent Residence Programme offers fast-track residency through real estate investment. Cyprus combines favorable taxation, Mediterranean climate, and strategic location.
Investment from
€300,000
Processing
3.5-5.5 months
Stay required
None
Residency. Spouse and dependants included. There is a pathway to citizenship.
Cyprus Residency — investment routes
Income requirement (applies to every category)
Plus €15,000 for a spouse and €10,000 for each minor child, raised from €30,000/€5,000/€5,000 on 2 May 2023.
- ▪Investment of €50,000 a year from abroad ($55K USD)
Category A — Residential
A house or apartment sold for the FIRST TIME by a land development company.
- ▪Investment of €300,000 excluding VAT ($330K USD)
Categories B, C and D
Category B is other real estate — offices, shops, hotels — where resale DOES qualify.
- ▪Investment of €300,000 ($330K USD)
Cyprus Residency benefits
- Permanent EU residency rights
- Fast processing (2-3 months)
- No annual stay requirements
- Include spouse, children, and parents
- Favorable IP Box tax regime
- Non-dom tax status available
- Path to citizenship after 7 years
- Strategic location between Europe, Asia, Africa
Eligibility Requirements
- ▪Non-EU national
- ▪Clean criminal record
- ▪Proof of annual income €50,000+ (plus €15,000 per dependent, €10,000 per parent)
- ▪Valid health insurance
- ▪Property must be maintained
- ▪Visit Cyprus once every 2 years minimum
- ▪No employment in Cyprus (business ownership permitted)
Who can be included
- Spouse
- Children under 25 (unmarried and financially dependent)
- Parents of main applicant and spouse
- Adult children over 25 with disabilities
Taxation
Cyprus offers exceptional retirement tax benefits: foreign pension income is 0% taxed for non-domiciled residents (no SDC/GHS contributions). Non-dom status also exempts foreign dividends and interest from taxation.
Residency requirements
No minimum annual stay required. Must visit Cyprus at least once every 2 years to maintain permanent residence status.
Path to citizenship
Eligible for citizenship after 7 years of legal residency with demonstrated ties to Cyprus, physical presence requirements, and Greek language knowledge.
Application process
Typical duration: 3.5-5.5 months- 01
Property Purchase
1-2 monthsIdentify and purchase qualifying property
- 02
Application Submission
2-4 weeksPrepare and submit residence permit application
- 03
Approval
2-3 monthsFast-track processing for permanent residence permit
Costs and fees (Commission)
Every charge the programme makes, and the sales commission an intermediary adds on top of them.
Property Investment
€300,000+
Minimum property purchase price (new builds only)
VAT on Property
5-19%
5% for first home, 19% standard rate
Transfer Fees
3-8%
Government transfer fees on property purchase
Legal Fees
€5,000-10,000
Immigration lawyer and property conveyancing
Application Fee
€500
Government processing fee per application
Medical Insurance
€1,000-2,000/year
Required health coverage for all applicants
Sales commission
€25,000–€50,000
Taken against the property purchase, and rarely shown as a line of its own.
Fee based model
The same programme, bought without an intermediary's commission.
You save
€25,000–€50,000
The sales commission on the left, which you do not pay. The $2,500 fee replaces it.
Total estimated cost
€355,000–€430,000
including property and all fees, plus the sales commission above.
Total estimated cost
€330,000–€380,000
The programme's own charges, plus the $2,500 fee. No commission.
What the advice costs
The programme costs the same. The advice does not.
Through a commission
€25,000–€50,000
Sales commission on Cyprus. Taken against the property purchase, and rarely shown as a line of its own.
Through a fee
$2,500
Six months as a private client — route selection, the financing, the portfolio, and me on the end of a phone. Twelve months is $5,000. Paid by you, so the answer can be no.
Total saving
€25,000–€50,000
The whole commission, before the $2,500 fee, which is charged in dollars. The programme costs what it costs either way.
This is the commission only. The licensed agent, the legal work and the government fees in the list above are payable whoever advises you, and nothing here removes them — a saving that quietly included a statutory fee would be the same trick in the other direction.
Commission ranges are typical rather than universal, and no firm is named. They are not published anywhere, which is the point of them.
Fund Your Cyprus Investment with a Lombard Loan
Instead of liquidating your portfolio to fund the From €300,000 Cyprus investment, use your existing assets as collateral and keep your money working for you.
Traditional: Liquidate Assets
- ✗Sell From €300,000 from your portfolio
- ✗Trigger capital gains tax (up to 20%)
- ✗Lose years of compound growth
- ✗After 10 years: €647,677
Lombard Loan: Keep Your Portfolio
- Borrow From €300,000 against €600,000 collateral
- No capital gains event triggered
- Portfolio continues growing at 8%
- After 10 years: €1.21M
10-Year Wealth Projection
Is Cyprus right for you?
Ideal for
- Families seeking three-generation residency
- Investors wanting real estate ownership
- Those needing fast processing (2-3 months)
- Non-dom tax planning (17-year exemption)
- English-speaking professionals
- Those wanting minimal residency requirements
Consider alternatives if
- ▪Those seeking immediate EU-wide work rights
- ▪Applicants wanting short citizenship timeline
- ▪Those preferring fund-based investment
- ▪Investors requiring strong passport (Cyprus ranks lower)
- ▪Those avoiding real estate investment
Elsewhere
If this one is not the fit, these might be
FAQs
Half an hour, $100, no commission.
Whether Cyprus is right for you, what it will actually cost, and whether a visa with no capital contribution gets you the same place for nothing.